Cic personal lines auto Study guides, Class notes & Summaries

Eligible Vehicles - Owned or Leased for 6 months or longer by: a) Individual (and spouse) b) Related Residents (other than spouse) c) Non-Related Residents d) Non-Resident Relatives Private Passenger Vehicles a) 4 wheels b) Not for public/livery conveyance c) Not rented to others Pickups/Vans if: a) Weight < 10,000 lbs b) Not used for delivery/transportation of goods Policy Format - A - Liability B - Medical Payments C - Uninsured Motorists D - Coverage for Damage to Your Auto ...

Licensing 1. Process and Types (available in PA) correct answers Life- Coverage on human lives Accident and health- coverage for sickness, bodily injury or accidental death, and disability income Property- coverage for the direct and consequential loss or damage to property of every kind Casualty- coverage against legal liability variable life and variable annuities- coverage under variable life and/or variable annuities Personal lines- noncommercial property and/or casualty coverage Cred...

CIC - PERSONAL LINES - AUTO POLICY EXAM QUESTIONS AND ANSWERS

P+C practice test questions and answers 100% score Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property? - Correct Answer ️️ -They can provide coverage to protect against legal liability. The Managing General Agent negotiates and binds ceding insurance on behalf of whom? - Correct Answer ️️ -The insurer Who is able to place business through the California Automobile Assessed Risk Program? - Correct Answer ️️ -only ...

P+C practice test cards all answers correct Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property? They can provide coverage to protect against legal liability. The Managing General Agent negotiates and binds ceding insurance on behalf of whom? The insurer Who is able to place business through the California Automobile Assessed Risk Program? only agent/brokers licensed in fire and casualty who have also been certified throu...

Statutes and Regulations Casualty Insurance (Illinois Property and Casualty IL Law, IL Casualty Insurance Practice Test) Questions and Answers Graded 100% 2023. When a commercial property insurance policy, in effect for more than 60 days is cancelled for an allowable reason, other than non-payment of premium, the insured must give written notice to the first named insured of at least 60 days A person is in the process of becoming permanently licensed as a producer. A temporary producers lic...

California Property and Casualty Exam Questions and answers, 100% Accurate. Which of the following is incorrect? Part A covers long term care Part A covers hospital care Part B covers physicians Part B requires monthly premium payments - Part A covers long term care Medical payments coverage under the personal auto policy applies for medical bills insured up to how long after an accident? One year Five years Three years Two years - Three years Workers Comp. Part....

California P&C Insurance Exam, Exam study Guider. 100% mastery. Rated A. CODE: CIC - california insurance code. state legislature writes the code dept of insurance enforces the code. 1. general rules governing insurance 2. lines of insurance 3. the insurance commissioner 4. insurance adjusters CODE: Insurance Commissioner - is elected by the people to serve a 4-year term. up to 2 terms. CODE: INS AGENT - Appointed by and acts on behalf of the insurer. Represents one company, as...

Property & Casualty state law Indiana Verified Solutions Commissioner bond ️50,000 Commissioner authorized ️to participate in the NAIC (National Association of Insurance Commissioners) Legislative Authority ️to create rules that explain or clarify the law Judicial Authority ️to hold Administrative hearings Executive Authority ️to enforce state insurance law Commissioner appointed by ️the governor and serves at the pleasure of the governor Commissioner makes certain th...